Employees Retirement System of Texas trimmed its holdings in shares of Southwestern Energy Company (NYSE:SWN) by 25.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,000 shares of the energy company’s stock after selling 19,000 shares during the period. Employees Retirement System of Texas’ holdings in Southwestern Energy were worth $340,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. BlackRock Inc. lifted its holdings in shares of Southwestern Energy by 2,582.8% in the 1st quarter. BlackRock Inc. now owns 31,270,589 shares of the energy company’s stock valued at $255,479,000 after purchasing an additional 30,105,011 shares during the last quarter. Vanguard Group Inc. increased its position in Southwestern Energy by 12.1% in the 1st quarter. Vanguard Group Inc. now owns 59,247,162 shares of the energy company’s stock valued at $484,049,000 after acquiring an additional 6,388,987 shares during the period. Bridgewater Associates LP increased its position in Southwestern Energy by 117.5% in the 2nd quarter. Bridgewater Associates LP now owns 8,234,921 shares of the energy company’s stock valued at $50,068,000 after acquiring an additional 4,449,396 shares during the period. State of New Jersey Common Pension Fund D increased its position in Southwestern Energy by 1,111.1% in the 2nd quarter. State of New Jersey Common Pension Fund D now owns 3,270,000 shares of the energy company’s stock valued at $19,882,000 after acquiring an additional 3,000,000 shares during the period. Finally, Marshall Wace North America L.P. increased its position in Southwestern Energy by 398.8% in the 2nd quarter. Marshall Wace North America L.P. now owns 3,685,212 shares of the energy company’s stock valued at $22,111,000 after acquiring an additional 2,946,374 shares during the period. 89.51% of the stock is owned by institutional investors.

SWN has been the topic of several recent research reports. BMO Capital Markets restated a “buy” rating and issued a $8.00 price target on shares of Southwestern Energy in a research report on Tuesday, June 27th. BidaskClub upgraded Southwestern Energy from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Scotiabank set a $9.00 price target on Southwestern Energy and gave the company a “hold” rating in a research report on Saturday, July 1st. Barclays PLC restated a “hold” rating and issued a $6.00 price target on shares of Southwestern Energy in a research report on Friday, July 7th. Finally, Royal Bank Of Canada restated a “hold” rating and issued a $10.00 price target on shares of Southwestern Energy in a research report on Friday, July 14th. Six analysts have rated the stock with a sell rating, fourteen have given a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $11.33.

Shares of Southwestern Energy Company (NYSE SWN) opened at 5.38 on Friday. Southwestern Energy Company has a one year low of $5.00 and a one year high of $12.85. The firm’s market capitalization is $2.68 billion. The company has a 50-day moving average price of $5.84 and a 200 day moving average price of $6.23.

Southwestern Energy (NYSE:SWN) last released its quarterly earnings data on Thursday, August 3rd. The energy company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.08). Southwestern Energy had a negative net margin of 9.46% and a positive return on equity of 25.19%. The business had revenue of $811.00 million during the quarter, compared to analyst estimates of $810.00 million. During the same period in the previous year, the firm posted ($0.09) EPS. The firm’s revenue for the quarter was up 55.4% on a year-over-year basis. Analysts expect that Southwestern Energy Company will post $0.49 earnings per share for the current fiscal year.

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About Southwestern Energy

Southwestern Energy Company is an energy company engaged in natural gas and oil exploration, development and production. The Company operates through two segments: Exploration and Production (E&P) and Midstream Services. Its operations in northeast Pennsylvania are primarily focused on the unconventional natural gas reservoir known as the Marcellus Shale.

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Institutional Ownership by Quarter for Southwestern Energy (NYSE:SWN)

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